Dec 27, 2012 12:00pm PST
unemployment ben filths, talk about the price of milk going up and other things like that, that will have a huge impact on the working class, people that don't have savings dealing with losing $3,400 and can't deal with that at all and that's going to have ripple effects on other things, other industries. talk about those sort of people being affected and the effect that will have. >> i mean, the unemployed, right, they feel the pain more. and even with the payroll tax and other taxes, it's the, you know, the absolute number is highest at the top 1% or top fifth but as a percentage of income, felt more in the middle and lower income classes so unemployment is a terrible thing if it happens because as you know unemployment, i mean, sort of like a vicious cycle. the longer you are in it, the longer you are likely to stay it and the benefits are needed you could argue more than anything else and the rate coming down but, you know, if this goes on, i mean, we might see it go back up again. that's a critical thing. >> leigh, it's nice to see a woman there. >> absolutely. >> i have to say.